Do you know there are over 2 million cryptocurrencies listed on CoinMarketCap and 695+ crypto exchanges? Unfortunately, 99% of altcoins are not listed on Canadian crypto exchanges, which makes them difficult and confusing to purchase.
If you're new to crypto, you're probably having trouble buying certain altcoins because it’s so complicated. In the video below, I share 6 apps I use that let me buy any of the 2 million tokens out there. This is a resource I wish I had when I was starting out. I hope you find it useful for navigating the crypto world.
Recap:
Sign up for a Canadian-Based Exchange
This will act as your main fiat on-ramp and off-ramp. You can find our best Canadian crypto exchanges of the year here.
- Option 1: Newton is my top recommendation for Canadians - Get $25 free when you trade $100
- Option 2: NDAX is for Canadians who want advanced trading - Get $15 free when you deposit $100
Sign up for an Altcoin Exchange
Canadian platforms offer a limited selection of cryptocurrencies, but you still need it to convert your $CAD to crypto. Afterwards, you should find a crypto exchange specifically for altcoin trading.
The best options are always changing, so check out our list of crypto exchanges, list of non KYC exchanges, and other comparisons on our site.
Wallets and Decentralized Exchanges
Decentralized exchanges allow anyone in the world with a crypto wallet to trade thousands of atlcoins, freely and anonymously. Here are some of the most popular options below: